New Deadline Set For Volkswagen Diesel Fix

Volkswagen and the EPA have until April 21 to reach a diesel emissions fix that will cover around 580,000 affected vehicles in the U.S. U.S. District Judge Charles Breyer along with lawyers for the Justice Department and Volkswagen said at a court hearing in San Francisco that progress has been made during negotiations, but issues still remain and no settlement has been reached. There are several options for remedies still being discussed, including fixing all the affected vehicles, buy backs and other options. If the parties involved are unable to reach a deal by April 21, the judge said he would consider holding a trial on the issue, addressing the vehicles that the EPA says can emit up to 40 times the legally allowed pollution in real world driving. Buying back all the affected vehicles could prove expensive to Volkswagen, with Bloomberg intelligence analyst Brandon Bar...